Tag: Oil

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Saudi Arabia may extend additional production cut

It is estimated that Saudi Arabia will continue with an additional oil production cut of 1 million barrels per day for July, also in...

US oil rig count drops

The number of oil rigs in the US has decreased by 1 this week. According to the weekly data released by the oil field services...

Aramco looks to China and India to support oil markets

Aramco's CEO, Amin Nasser, believes oil market fundamentals remain "solid" overall for the remainder of the year. Saudi Arabian oil giant Aramco expects oil markets...

Optimistic 2045 forecast from the oil cartel

OPEC says global oil demand will rise to 110 million barrels a day in two decades, and the world's energy demand will increase by...

S&P Global/Gryaznov: Oil and gas prices could rise towards the end of the year

S&P Global Ratings Director Alex Griaznov said that oil and gas prices may go up towards the end of the year. Griaznov said that oil...

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